Lowell Farms Inc. Annual report pursuant to Section 13 and 15(d)

GENERAL AND ADMINISTRATIVE EXPENSES

12 Months Ended

Dec. 31, 2021

16. GENERAL AND ADMINISTRATIVE EXPENSES

For the years ended December 31, 2021, 2020 and 2019, general and administrative expenses were comprised of:

	Years Ended
	December 31,		December 31,		December 31,
(in thousands)	2021		2020		2019
Salaries and benefits	$	6,234	$	5,032	$	12,697
Professional fees		1,924		1,650		2,229
Share-based compensation		1,355		2,200		3,385
Goodwill impairment		357		-		-
Administrative		4,037		2,880		5,162
Transaction and other special charges⁽¹⁾		-		-		2,341
Total general and administrative expenses	$	13,907	$	11,762	$	25,814

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(1) Includes charges associated with acquisitions and the Company's reverse takeover.